Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sets New 52-Week High – Here’s What Happened

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $36.51 and last traded at $36.46, with a volume of 18283 shares. The stock had previously closed at $36.36.

Putnam Sustainable Leaders ETF Stock Up 0.3%

The firm has a market cap of $810.51 million, a price-to-earnings ratio of 28.96 and a beta of 1.03. The company has a 50-day moving average price of $35.12 and a 200 day moving average price of $32.97.

Institutional Trading of Putnam Sustainable Leaders ETF

A number of institutional investors have recently bought and sold shares of the company. Bailard Inc. lifted its stake in shares of Putnam Sustainable Leaders ETF by 3.5% in the second quarter. Bailard Inc. now owns 60,503 shares of the company’s stock worth $2,043,000 after buying an additional 2,022 shares during the last quarter. Bond & Devick Financial Network Inc. increased its stake in Putnam Sustainable Leaders ETF by 6.1% in the second quarter. Bond & Devick Financial Network Inc. now owns 36,985 shares of the company’s stock valued at $1,249,000 after purchasing an additional 2,128 shares in the last quarter. Finally, Elevation Capital Advisory LLC acquired a new position in shares of Putnam Sustainable Leaders ETF in the 2nd quarter valued at approximately $230,000.

Putnam Sustainable Leaders ETF Company Profile

The Putnam Sustainable Leaders ETF (PLDR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model.